Caremark competitor bulks up

By Geert De Lombaerde Posted on April 13, 2009 at 6:45 am

Express Scripts, which two years ago wanted to buy Nashville-based Caremark, has signed a $4.7 billion deal to buy the pharmacy benefits management division of insurer WellPoint. In terms of the number of prescriptions managed, the purchase will vault Express over Caremark into the No. 2 spot.

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Tags: acquisitions, CVS Caremark Corp., Express Scripts Inc., pharmacy benefit management, WellPoint Inc.  

A growth opportunity for Caremark

By Geert De Lombaerde Posted on March 6, 2009 at 6:52 pm

The Financial Times says WellPoint is putting its pharmacy benefit management unit on the block. CVS Caremark, which runs its PBM business out of Nashville, is likely to be one of the main bidders.

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Tags: acquisitions, CVS Caremark Corp., health insurance, pharmacy benefit management, WellPoint Inc.